Explain the level of confidence of an interval estimator, and exactly what it means in a sampling
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Explain the "level of confidence" of an interval estimator, and exactly what it means in a sampling context, and give an example.
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In statistics the level of confidence of an interval estimator refers to the probability that the interval calculated from a sample will contain the t...View the full answer
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Related Book For 
Principles Of Econometrics
ISBN: 9781118452271
5th Edition
Authors: R Carter Hill, William E Griffiths, Guay C Lim
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